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Westport Weston Family YMCA Foundation Inc

RegisteredEIN 81-3028694Westport, CTPoverty relief
Income$918k2023-12
Spending$1.7msame year
Spent / received90%5-year average
Size in its cause74th pctPoverty relief
Exempt since2016Supporting organisation (typ
Employees0latest return

Analysis

Westport Weston Family YMCA Foundation Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westport Weston Family YMCA Foundation Inc reported income of $918k and spending of $1.7m, spending 183% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $918k (-57%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 341%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westport Weston Family YMCA Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Pillar & Vine Inc ($917k), Meals on Wheels ($918k) and Council on Aging of Cleveland County Inc ($917k).

At year end it held assets of $50.9m against liabilities of $165k, net assets of $50.7m.

Income and spending

$0$1.8m$3.6m$5.5m$7.3m2019 Income: $2,149,7572019 Spending: $1,765,21120192020 Income: $1,651,1862020 Spending: $4,771,15420202021 Income: $7,284,5282021 Spending: $1,472,10320212022 Income: $663,9492022 Spending: $1,690,50020222023 Income: $917,7512023 Spending: $1,682,2412023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Pillar & Vine IncBrandon$917k
Meals on WheelsNorman$918k
Council on Aging of Cleveland County IncShelby$917k
Innovative Health Care ServicesChico$918k